BFL refunds factor in price increase?

[sgbett]

So I noticed on BFL troll box that some guy was saying he just got his refund in BTC.

It got me to thinking that there is probably a significant number of other people claiming refunds of r $x,000 a pop and that if they are electing BTC that BFL will be having to buy them off the market.

I know its not much in the grand scheme of things, but it could be several thousand dollars a day of buying pressure that wouldn't otherwise exist...

Bulls, bears, over to you to spin this

[dropt]

I think it's highly unlikely that BFL is buying coins on the market.  I can go into the alleged details if you wish, but I don't have the time to outline them all right now.

[sgbett]

conclusive evidence by post #2!

remarkable.

[lynn_402]

I think it's highly unlikely that BFL is buying coins on the market.  I can go into the alleged details if you wish, but I don't have the time to outline them all right now.

They most likely mine with their equipment, so no need for them to buy bitcoins on market.
However, that probably reduces selling pressure since less of the coins produced by them are sold.